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C. MFRS 2 Share Based Payment provides that if the fair value of the equity instruments granted at the measurement date cannot be estimated

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C. MFRS 2 Share Based Payment provides that if the fair value of the equity instruments granted at the measurement date cannot be estimated reliably, the company shall measure the equity instruments at their intrinsic value. Required: Explain on the accounting treatment to be applied if a company settles a grant of equity instruments using the intrinsic value method. (4 marks)

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